Elopak A S (ELPKF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everybody and welcome to the first quarter 2025 results presentation for ELOPAC. My name is Christian Eide and I'm the head of Treasury and Investor Relations. Today's presentation will be held by our CEO, Thomas Kermendi, and our CFO, Bent Axelsen, and will last for around 30 minutes, followed by a Q&A, where people here in the audience and the people watching in online will be able to ask questions. So, with that brief introduction, I will hand over to our CEO, Thomas Kermendi. Thank you, Christian, and a warm welcome to everyone here in Oslo on, I think actually I can use this one, on this beautiful day. We will go through yet another strong quarter for ELOPAC, and I'm very happy to present to you our results for the beginning of the year. Before we start, just remind everyone what it is that we are doing and the essence of what we're doing is really sustainable packaging. What we do is replacing plastics. We do that by packaging of essential commodities around the world and then providing consumers around the world with essential nutrition. Everything we do is around the sustainability and providing the world with sustainable packaging. So that we have that clear, let me just start now on the quarter. And this has been an exceptional, positive quarter for us, both in terms of results, as you will see, but also in terms of key events that has happened for us in the period and will shape the future to come. Starting with revenue, we now report a result above 300 million for the quarter, which is the first time ever. And that is driven by very strong developments in across our business, but as you will see, primarily Americas. We have a growth level of 5.3 organic growth, which of course is historically also a very strong level. And that, as I said, is ...